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20121201
20121231
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Search Results 0 to 28 of about 29 (some duplicates have been removed)
talking about 6,000 to talking about 5,900. the german bund rallying. same goes for the uk. we're seeing a rotation into safety, out of risk and out of spain and italy. about 4.5% for italy. thin trading in markets is exacerbating the move that we're seeing as we approach the year. today, the austy dollar is weaker against the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for trading in asia, just how japan, china and the rest have been affected by fiscal cliff news, diedra morris is join onning us with plenty more. hi. >> hey, kelly. it was a bit of a rude awaking. a lot of these indexes were on their way to gains and then we had the fiscal cliff setback. we had news that john boehner's plan b failed. this all turned red and this is where we ended. the nikkei 225 coming back from that huge rally that we have seen over the last five weeks shedding 1%. the exporters hurt here becaus
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
the past year, we have seen great progress [inaudible] leading the way. but just as the u.k. deficit is not balanced with the government public transport issue are not solved in one year. we're public transport continued a national priority. we can't -- [inaudible] for the like of my young cousin. we can deliver more transport to get students from point a to point b. we can build a better, brighter future for young people. so when the opposition argument say it's not a national campaign, a focus of the divided region. i tell you this, divided we are weak, but united are the nation we are strong. more nation, one notion, one campaign. better public transport. [applause] [applause] >> thank you very much ib keyed for that. i note we have been joined by the former government chief when the labour party was in office nick browne. the member of parliament. it's great to have you here. thank you for coming. to oppose the motion, i call from the east of england. [applause] >> thank you, mr. speaker. we are here for one reason. to make contain and empower the young people that we so proudly
on the very issues which the u.k. yb are discussing in the combat. we know schools across the country are tuning in to watch and that is hugely welcome. just on process and housekeeping, let me say the following. first, nyp who wish to speak should stand in their place, or raise their hands if seated in a wheelchair. secondly, and most importantly, nyp should always say their name and region at the beginning of their speech. otherwise -- the official record of our proceedings will be deficient. the writers will not know who you are unless you say. if you be good enough to pause, momentarily, before you start your speech, that will give an opportunity for the microphone to be activated. your gain here -- you're going to hear from the leader of the house and the leader, whom is my delight to welcome here today. leader of the house andrew, and angela. and the parliament tear undersecretary of state at the department of education, the children's minister edward. edward, andrew, angela, it's a delight to have you. before we hear from andrew and angela, i call in order to read a message fro
the uk's high divorce rate rather than promoting marriage. the coalition for equal marriage is love is love regardless of gender. well, i would add that love is love regardless of marital status. and while the majority of us, almost all of us absolutely believe in marriage for all his rate and yes, compared to some countries can bush legalize same-sex marriage some years ago, i note that the u.k. has been slow to act. if things are rapidly changing. the huge success of civil partnerships recognized commitment to same-sex couples has been a capitalist for this change. david cameron has pledged to legalize same-sex civil marriages by 2015. abdallah before marriage will be introduced here in this chamber in a 10 minute speech. i accept this as a plot to talk about such an important issue, but it's longer than i've got. i'm at the parliament or a cynical access marriage, there is a danger that any campaign will be overtaken by the legal change we seek. i conclude we have three main priorities. quality, quality, the national campaign will not provide the equality we required. more import
prices to next year. it will be oil related, a chance, good job with raising the tax threshold in the uk. that means for the first year in five. uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this year. if it weren't for the fiscal cliff, this is actually a big source of stimulus for households. absolutely. i don't want to make too much about it, but the biggest attacks oeft with the and elevated since the mid '70s, it could be coming to an end. so i think that is something we need to be aware of. the annual fuel rate in the uk is about 15 billion to consumers. you're looking at another percent on income. so as i'm sitting down righting the income for next year, it's not all doom and gloom, the mood is
'll take a look at gilts. slightly lower, 1.77%. big day for uk. manufacturing pmis out for the month of november. italian and ten year sbpanish yields are also lower. down on the greek announcements, but substantially below 6%. ten year bunds 1.37%. those yields slightly higher. on the currency markets, we talked about this euro-dollar six week high. below that at the moment, but not by much. dollar-yen moving off the 7 1/2 month high at 82.17. aussie dollar weaker despite the good chinese data. dipping below 1.04 earlier on. we had retail sales data that was a little bit disappointing. sterling-dollar back above 1.60 as we wait for the pmis. the most searched terms apparently of 2012 were the u.s. election and iphone 5. and while the most searched person of the year was kim kardashian, this is according to yahoo! search engine, kate middleton and political polls also made the top ten list. so here is a simple question for you today. what dunk were the most interesting stories this year or the most interesting story, the election, the owe almost picks, the ongoing saga in greece. let
the front, the opposite, is where we got someone in the bushes. >> this is aerial video from the uk. that white hot spot you see in the middle of the screen is a woman that was washed away from her 4x4 that was trying to cross a flooded river. when police arrived, they saw a man and his son on top of the vehicle, but the woman had been washed downstream. the father and son were rescued by a nearby farmer. rescue crews had to use this heat-seeking camera to find where the woman was. it's hard to tell, but she's clenching to a branch in the middle of these floodwaters while the helicopter keeps an eye on her, and guides a rescue boat down river to pick her up. >> it's amazing. she was washed away by floodwaters and was able to end up grabbing something and holding on to it until rescuers got there. >> clinging for about an hour. rescuers, you see here, able to get her in the boat. she survived and was okay. imagine the helicopter once it located where she was, sort of just hung out in the air. >> yeah. just being those eyes in the air was key to this woman's survival, and to give you
service for senator taan -- daniel inouye. then the u.k. youth parliament holds a debate at the british house of of commons. >> president obama, vice president biden and former bill clinton spoke at the memorial services for the late hawaii senator daniel inouye today at the washington national cathedral in washington d.c. senator inouye died on monday at the age of 88 and was the second longest-serving senator in history. this is an hour and 45 minutes. .. >> i am resurrection and i am white said the lord. whoever has faith in me shall have lies, and everyone who has lies and has committed himself to me and she shall not die forever. as for me, i know that my redeemer lives and that at the last he will send upon the earth after my awakening, he will raise me up and in my body, i shall see god. i myself shall see in my eyes behold him who is my friend and not a stranger. for none of us have wife and hands of a none terms his own master when we die. for if we have life, we are alive in the lord and if we die, we die in the lord. so then, whether we live or die, we are the worse possessio
if it weren't for the ipad, the uk sales figures would be extraordinarily weak. >> yes. although, you know, for the uk economy, the consumer sector is not the weakest point. i think what is interesting about the uk economy in the last six months is this quite stronger than expected growth. if you look at the gdp number. but a very worrisome trend. so a liberal market that remains very, very firm with respect to other similar economic weakness. and i think that is what we really have to solve on the uk economy to know if this relativerelativ relatively soft, but also, i mean, rather encouraging if you look at other european countries numbers. i think we will have to wait until well into next year to understand if this is going to have a long-lasting consequences on the uk economy and also on the consumer sector. it's too early to say. >> you mentioned it's not necessarily the consumer where we're looking at the gauge of growth in the uk. but we see the employment figures be relatively strong even at a time when gdp generally is weak. what's the disconnect between what we're seeing in the em
benefits. and across the uk, there's over 1000 people who have died only months after being told to find work. this is 2012. we are supposed to be a civilized society. we should be looking after the disabled citizens here in the uk. will the prime minister listen to the 62000 people who signed the petition? and finally, finally, please order an assessment of all changes -- [inaudible] >> i will look very carefully at the very tragic case the honorable gentleman brings to the house, everyone's thoughtful got to that person family and to what has happened to them. what i would say to him is that the actual money we're putting into this disability benefit over the coming years is going up and not down. i think everybody knows that everyone except when it have a review of disability benefits. some people have been stuck on these benefits and not been reviewed for year after year after year. that is the view of the disability charities and that's the view of the government as well. >> harry jaffa baldwin. >> thank you, mr. speaker. as we approach christmas, will the prime minister join me in
export performance, creating jobs in the manufacturing sector. but germany and the uk need europe to improve. >> it comes at an inkrd eblly high cost in terms of the number of people out of work. what has been done? how much have we destroyed so that the jobs outlook and growth prospect in this country? >> well, what growth prospect in the southern european countries? we're seeing definitive bifurcation of northern europe and southern europe. southern europe, we are creating an underclass of long-term, especially youth unemployed that is going to give us a problem when the economies eventually start to get into balance and start to pick up. we still have this issue, even though we have tens of millions of people out of work, we still can't find the right skills and the right time. >> you mentioned the uk. the unemployment picture never got that bad in britain. so what happens now? why did it outperform? >> the uk is so different from the rest of europe. we've got london, the financial services sector, that didn't actually, in terms of job numbers, get hit as hard as the rest of eu
ourses to our international competitors, our economy here in the uk is growing by 0.6%, whereas in germany, we've seen growth of 3.6%. in the u.s., growth of #.1% during the same period. so certainly not a cause for celebration. still a difficult operating environment. under the former chancellor's plan, we would have been borrowing less in the next three years. because the government has failed to get our economy growing and because the policies have pushed us into recent double dip recession, they'll be pr rowing 212 billion pounds more than they planned. put that in context, that is the equivalent of what we in the uk will be spending this financial year on health, transport and defense in aggregate. >> you were talking quite rightly about the low level of he have credit growth in the uk, which has obviously been a feature of this period. but there's a question of what's cause and what's effect there. the banks will tell you that that problem is not so much availability of credit, there's credit demand and even in the mortgage sector which under normal circumstances you might
very cautious trading. we have industrial production coming out of the uk. if worse than expected, may get a negative q4 for the uk. italian yields are higher. spanish 5.54, just nudging a little higher. bunds down 1.29d% after the downgrade by the bundesbank, as well. draghi says we discussed it and again a big town great in inflation forecast, as well. some saying maybe they still won't, but it does knock the euro-dollar, 1.29d 25 is where we stand. dollar-yen 82.37. we talked about the yen in relation to what was going on with the earthquake. aussie dollar below 1.05. sterling-dollar just slightly weaker. that's where we stand as far as the european markets are concerned. let's get a wrap of the final trading day in asia this week. >> asian markets wrapped up the week on a mixed note. shanghai composite gained 1.6% and it's up over 4% on the week. stocks related to citi growth continued to surge as the new urbanization plan is aiming to boost investment plan. agriculture stocks up today on support policies. hang seng dragged lower by utility stocks. picc staged a strong trading debu
, if you look at uk they have a culture of violent games, the same games and everything around. obviously, they don't have these same shoot problems. if you like at japan, they have the most vicious, violent video games of anybody, and they don't have these issues. they don't have a murder rate. >> guess what? tell your hollywood friends, we got hundreds of millions of guns on the street. we ain't japan, so you fight the war on the battlefield before you and the battlefield before us is there is easy access to guns. there will be easy access to guns regardless of what gun safety legislation. >> to parents while i still have control, because you lose it as they get older, don't let them do it. find something else. it's hard. it's easier said than done because a lot of kids sit there for hours and it's their baby-sitter, but no. >> steve, i understand that's not your position, but i'm hearing this a lot of from people in hollywood. no response. quentin tarantino was unbelievable incense it actisen. what a total jackass. left wingers say i want to -- there's a slippery slope on first amendme
is and the group hsbc, the uk's largest bank wants to put this behind it, trying to settle the serious allegations, $1.92 billion will be what they will pay the u.s. government, there will be a press conference later today, the justice department, the manhattan d.a. and others to put this to rest. banks operating in the u.s. have an obligation to know their customer and abide by u.s. laws and u.s. sanctions against some pretty bad characters and hsbc apparently didn't do that. that's the allegation of the united states government, helping transfer money for drug cart cartels, for terrorist groups, for countries we're not supposed to be doing business with overall. these sanctions around libya, myanmar, syria and mexican cartels, this is what hsbc says, wants to put the whole matter behind this. "we accept responsibility for our past mistakes, we have said we're profoundly sorry for them. the hsbc of today is a fundamentally different organization from the one that made those mistakes." they were rubber stamping transfers and one economic it any of an e-mail said "what is this, the school of low ex
to the uk? >> mine, i didn't think so personally. who would have thought a cnn host for offering his off the deep end comments and a little odd but just important saying something he has gotten a lot of people very upset can we explain to people how it works? they have allowed people -- you want to do a petition, do it right here with us at the white house. >> yes. >> and this petition has gotten more than any other petition that's ever been posted, it looks like. >> yes. well, three times the number of people have signed it that actually immediate to sign it in order for the white house to consider it. so -- in order for the white house to consider whatever -- think of it as a suggestion box for america. in order for the white house to consider your suggestion or comment there needs to be 25,000 people who have signed on. more than 75,000 people have signed on saying get rid of piers. >> there have been counter petitions as well, right? >> yes. actually, the best part about this -- i -- your heart goes out to poor piers. these are british citizens that have their petition saying we don'
, for example, the uk, it's actually a relatively small amount. if japan tries a much larger qe event, surely we go down the route of the uk which in and of itself does not demonstrate a huge increase in inflation and a huge increase in market growth, either. >> arguably, that is one of the problems with the huge task that the boj has ahead of it. people progress in terms of growth, japan has bigger problems, much bigger problems in terms of the demographic in terms of the structural hold back. so there are a lot of sectors at play now. i think one of the names that the boj has is whether this will work or not. but if were looking at it more from a yen perspective, certainly two things are going to drive the yen are going to be the relative price of the boj balance sheets with respect to, perhaps, the fed and the ecb and the other being the jgb. >> and briefly, in summary, what are your favorite strategic calls? >> the strategic calls for us are going to be buying the rupee against the yen. we are looking for the yen to depreciate further and keeping our fingers cross on some policy upside comin
to sweeping gun control changes in the uk. those changes were fueled by petitions signed by 750,000 people. that petition was created by dr. mick whose daughter died. welcome, mr. north. this must have brought back particularly painful memories back to you? >> yes, it certainly did. when i heard the age of the victims and the place in which it happened, it was inevitable that all sorts of memories were going to come back and most of those were likely to be painful ones. >> you became a symbol for new gun control in britain. you were very forceful about it. you got this extraordinary petition going and led to an almost complete ban on handguns. the difference here, it seems to g ce aseefainin3 %pland everye . oe ari don't k you've been in their very position, dr. north. is there any advice that you can give them, any words of comfort from somebody who's, quite literally, lived through what they've gone through in. >> i think one of the main strengths that those of us who lost children in dunblane found was being brought together and when we were in our own company, we were able to talk abo
to the rest of the world, if you look at germany, uk, japan, france, all of whom have very strong gun regulations, we have more gun deaths in one week than they have in an entire year, and the incidents -- the number of times in which guns inside a home are used for self-defense are exceedingly small, on the order of maybe 1 in 15, 1 in 20 as compared to the number of times when a gun is used either for suicide or a homicide. anybody that looks at the data here is quite clear that on the whole, particularly things like assault weapons, create far, far more kor nage in th carnage in this country than they prevent. to a large extent the reason why i think progressives have not been able to mount an effective campaign for sensible gun laws, it's been a failure of the progressive movement, and i think that will now change with progressives. they must realize they have to make this an election issue. all of the polls show that the public is widely in favor of sensible gun regulations. i will point out what i said on friday. president clinton after columbine when we were meeting in the oval
potential for gaming in the uk. let's break it down. there is a one-year chart beard all things digital have been reporting they are close to launching games in the uk. plus poker, plus casinos. it sounds like a lot of fun. all things digital continues to take a look at online games and the potential for zynga doing exactly that in the uk. there is is up 3.25% right now. back to you. lori: great. we will see you in a few minutes. the bullet train traveling 186 miles per hour begin regular service. it previously took 20 hours and now it just take eight. in 2009 -- $640 billion is more than 139 u.s. dollars. here is to technology. tracy: eight hours is essentially new york to key west. lori: i would go like every friday. a christmas outage left millions of users without users streaming netflix. shibani joshi with this christmas debacle next. tracy: washington cannot agree on a plan for the fiscal cliff. we go to the nation's capital after break. let's take a look at how the dollar is faring against foreign currencies as we head to break. ♪ with fidelity's new options platform, we've complete
irish fan, so hopefully not. >> is dolmen all over the uk? >> that's correct. they're predominantly in ireland, but you look at ireland right now, they're actually going through the reforms. they're trying to inject money in a credit fashion into their economy. and we certainly think we can bring our fixed income expertise and continue to help them. >> that would make sense for cantor. ireland was the mf-will first they were in trouble, then the model for the world. what got them into trouble again, housing or real estate or something or bad banks or -- and now again they're kind of a model for everyone on how to handle it. is that basically the last five years? >> absolutely. certainly was a real estate bubble there. now there are austerity measures being put in place and they're actually following through on the austerity measures. so certainly they'll come out first and actually look pretty good. >> so where is the most business for you for cantor in ireland, what will you be doing? >> certainly it's an equity based firm. we'll bring our fixed income expertise, probably become th
's the rule in the uk. >> you could not be more wrong, brian. you need to get out more. my parents are getting old. i spent a lot of time the last year in the hospital with my mother, and i can tell you that the treatment they get is second to none. are there restrictions to the kinds of treatments? yes, they don't try and take on really experimental treatments unless you're in a trial, but most of the people i saw in a brand new hospital in my old home town of birmingham, they were getting first-class treatment, extremely expensive. and you know, you can argue about end of life care and was it worth it or not -- >> that's not what we're talking about. by the way, i guess the daily mail and telegraph are wrong. denied end of life care because too old to treat. >> this lady is not at the end of her life. >> i'm not talking about that woman. i'm raising a difficult issue. >> they are wrong, and they're being really alarmist because they get lots of attention for it. but people who are facing, you know, extreme -- the ends of their treatment of cancer, do they get treatment from the nhs? yes, the
. >>> guess what it's boxing in the uk, canada and several other country and shoppers are mobbing the stores. these are the crowds in london. the 26th of december is like black friday here in the united states. analysts expect 4 million british shopper also spend nearly $5 billion today, back here at home, it will be a similar scene today as people head to return those unwanted gifts and jump on big post holiday sales and we do mean big. check out this deal from best buy, a 32 inch tv for under $200. those are the kinds of deals we're seeing at major retailers. alison kosik is at the new york stock exchange. tell us more. >> it's like having a flashback to black friday. the deals, everybody killing each other just to get the deals but if you're a retailer you take a big hit on a day like today because the national retail federation says almost 11% of whole day gifts we got are returns. that adds up to $60 billion and a lot of that happens today. it's a busy day for retailers. if you're returning stuff today that's some good news here, most stores are keeping their return policies the same as
all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans. on a broad thing like this, you need both. and he has put himself with plan b and sort of an impossible position. he has to get these hard right goes to go along with him. and he and the president were going to say we're going to pass a deal with the majority of republicans and the majority of democrats in the house and senate, we would get a mainstream deal. >> i think we're going to fall out of the fiscal tr
of uk? >> can i thank my honorable friend for campaigning assiduously for this. he has made a very strong case for how this new road will open up the prospect really economic governments as well as dealing with traffic congestion. and it's exactly the program we can undertake that didn't happen under the last labour government because we made the switch. again, i congratulate him for the campaign he has fought which i think is -- [inaudible] >> given the falling number of nurses in the nhs, does he recognize that people view with skepticism what you said about protection to the nhs? will he acknowledge that passing on a 2% cut to local government will cut adult social services across the country? the foldable, the disabled, the elderly. >> just -- for so we provided billions more, but -- let me just say this point to the labour party. they want to be in government and they claim they want to cut the deficit. what would they cut? what would they cut? if they object to the local government settlement and the object to the defense settlement and the objective the nhs budget and the ob
is set to open below 13,000. markets in europe mixed after a shortened session in the uk, france and spain. our road map starts right where we were months ago, waiting for the 112th congress to agree on a debt reduction package. the senate convenes at 11:00 a.m. >> the dow had its worst day in a month on friday. set to close december with a loss. the question is, does it continue to sell off if there isn't an accord in congress. >> we will always have china. manufacturing pmi data from last night is the best in 21 months. can we finally say the chinese economy has been stabilized. >> but of course, we start in washington. as you know, congress comes back today. the house gaveling into session now with legislative business starting at 10:00 a.m. the senate returns at 11:00 a.m. eastern. there are only a few hours left to get a deal done. eamon? >> you're already hearing people talk the way they talk on new year's day. a lot of people wish they could go back in time and do things differently. that's the way people are talking in washington about this fiscal cliff. feeling as if thi
Search Results 0 to 28 of about 29 (some duplicates have been removed)